Bos Glb Hldgs Share Discussion Threads

[entj] 23/2/2006 19:27

mk2
I have heard something similar - 340p to be precise.
Though there is also talk of another bidder coming out and, who knows, 400p or so!
I bought in to this originally as a t/o possibility though I could never work out who would buy them. For some reason I forgot to look outside the UK and I focussed on retail buyers.
Unilever or P&G may now step in - similar potential synergies to L'Oreal and all big fmcg multinationals are interested in acquiring retail competence.

[alexbear] 23/2/2006 18:29

RNS Number:8788Y
Body Shop International PLC
23 February 2006


For immediate release
23rd February 2006


The Body Shop International PLC ("The Body Shop")

Response to L'Oreal Statement


The Board of The Body Shop notes the announcement today by L'Oreal that it is
evaluating a possible offer for The Body Shop.


The Body Shop has not received any proposal from L'Oreal. The Board remains
confident about the future prospects for the Group and its ability to deliver
significant value for its shareholders.

[le mass du pap] 23/2/2006 16:12

L'Oreal eyes £600m Body Shop takeover
By Miles Costello

Shares in the Body Shop soared after L'Oreal, the world's largest cosmetics company, said it was considering launching an all-cash takeover bid that would most likely value the high street beauty products retailer at more than £600 million.

Body Shop shares, which jumped yesterday amid speculation that an unnamed suitor was preparing an offer, leaped nearly 12 per cent this morning after L'Oreal confirmed its interest, to take the value of the retailer past £575 million.

[monkeykiller2] 23/2/2006 14:33

The whispers are going on. I hear some little angels saying buy and wait for Oreals offer of 3.50p a share.

[entj] 23/2/2006 13:24

looks like it's time to try to scare the punters into selling

[simonong] 23/2/2006 13:06

haha...if only!

[simonong] 23/2/2006 12:38

sorry entj...where abouts is Littlehampton? In any case I don't think I live near there! Me = A Londoner

[entj] 23/2/2006 12:34

anyone live in or near Littlehampton?

[entj] 23/2/2006 12:32

it's all a guessing game for eod but here's my tuppensworth: 279p
with a large buy going through after close of business

[simonong] 23/2/2006 12:26

anyone willing to have a guess as to where this is going to end up closing at today?

[alexbear] 23/2/2006 12:12

The market makers have had some good fun with this one over the year as shareholders have been reluctant to part with them.

[entj] 23/2/2006 12:08

still a tiddler in bb terms though - ask all your firends to visit to bump it up the top lists!

[simonong] 23/2/2006 11:56

haha...i think the surge in activity on this BB is contributing too!!

[alexbear] 23/2/2006 11:55

I have the RNS release too:

RNS Number:8326Y
L'Oreal (IRS)
23 February 2006

L'OREAL

23 February 2006

RESPONSE TO RECENT PRESS SPECULATION

L'Oreal notes the recent movement in Body Shop International Plc's ("Body Shop")
share price. L'Oreal's management is continually evaluating a wide range of
strategic alternatives that may add value to its shareholders including a
possible offer for Body Shop. Any offer, if made, is likely to be solely in cash.
However, no decision has been made regarding any offer, L'Oreal's Board has not
been consulted and no approach has been made to Body Shop.

[entj] 23/2/2006 11:55

Well - looks like tha tpost triggered some buys! lol

[entj] 23/2/2006 11:45

Target Price:
Some judicious P&F charts suggest two possible targets:
short-term 300p
But also a possible 400p+

This share has been ignored by the BBs for too long - so who knows?

[simonong] 23/2/2006 11:41

thanks for the article entj :-)

[simonong] 23/2/2006 11:34

anymore details people? anyone got a target on how far northwards this will push it?

[entj] 23/2/2006 11:14

okay - let's go!